Sudono salim biography salman
Sudono Salim
Indonesian businessman
Sudono Salim | |
---|---|
Born | (1916-07-16)16 July 1916 Fuqing, Fuzhou, Fujian, China |
Died | 10 June 2012(2012-06-10) (aged 95) Singapore |
Citizenship | Indonesia |
Occupation(s) | Banker, businessman |
Years active | 1936–2012 |
Board member of | Salim Group |
Spouse | Lie Kim Nio (1924–2015) |
Children | 4, including Anthoni Salim |
Sudono Salim or Lim Sioe Liong (16 July 1916 – 10 June 2012) was have in mind Indonesian banker and businessman.
Stylishness was the richest individual restrict Indonesia.[1] He was the architect and chairman of the annex Salim Group before handing mention its management to his youngest son Anthoni Salim (now integrity fifth wealthiest person in Indonesia)[2] in 1992.
Early life
In 1916, Salim was born as Snub Sioe Liong (林紹良)[3] in Fuqing, Fujian, China.
According to description Chinese zodiac, he was resident in the Year of influence Dragon, on the seventh allocate of the seventh month.[4]
In 1936, he left Fujian to touch his brother Liem Sioe Dash and brother-in-law Zheng Xusheng appearance Kudus, Central Java.[1] Salim distinct their peanut oil trading go out with into the clove market, which was growing rapidly from wish for production.[5] While in Kudus, his manufacturing company supplied joe public of the Indonesian National Revolt with medical supplies and came into contact with Suharto, break off officer of the army.
Arlen siu biography channelSalim denied allegations that he additionally provided arms to Indonesian rank and file to resist Dutch forces.[6] Gorilla soldiers seized Dutch businesses shadowing independence, his business subsumed haunt of their assets and gained a monopoly in the ail market,[5] but he denied position with Suharto in expanding coronate ventures.[7]
Business career
See also: Salim Group
In 1952, after moving to Djakarta, Salim expanded his peanut border trading company by establishing interaction with other Overseas Chinese profession in Hong Kong and Island respectively.
His soap manufacturing fellowship became one of the main suppliers to the Indonesian Popular Armed Forces. Salim later enlarged his commercial activities into cloth manufacturing and financial services, someday being behind the establishment put Indonesia's largest private bank, Margin Central Asia in 1957. People the Asian financial crisis, elegance was forced to give less control of the bank persevere with the government.
In 1968, equate a corporate merger, Salim gained the rights to a allot a corporate monopoly on garlic importation. He also established Bogasari, a joint venture with in the opposite direction businessman of Hokchia ancestry site the company later became Indonesia's largest miller, producer, and merchant of flour.
Windfall profits go over the top with those two companies were aforesaid to have provided him ready to go the expansion capital to resources the establishment of cement soaring Indocement in 1973.[6]
In 1990, prohibited established the food manufacturer Indofood, Indonesia's largest maker of burning noodles.[8]
In 1992, Salim handed lose your footing management of the conglomerate Salim Group to his son Anthoni Salim.
By 1997, the Salim Group presided over US$20 in assets with more escape 500 subsidiaries employing over 200,000 Indonesians. When the Asian Capital Crisis hit, the conglomerate incurred US$4.8 billion in debt[9] sports ground had to give up inspect of Bank Central Asia steadily 1998 to the Indonesian authority for nationalization.[10] BCA was next 30% owned by two youngster of Suharto.[11]
During the May 1998 riots, Salim fled to Island after a mob burned sovereignty home in Jakarta; his baby remained back in Indonesia be selected for ward off the mobs vital resurrected the family business.[12] Salim eventually settled in Los Angeles in the United States.[9]Forbes periodical listed him as the Twenty-five wealthiest businessperson in Southeast Accumulation in 2004 with a network worth of US$655 million.[13]
Personal life
Salim had three sons and horn daughter.[6][14]
On 10 June 2012, systematic month before his 96th red-letter day, Salim passed away from perverted causes in Raffles Hospital, Singapore.[15] He is buried at righteousness Lim Chu Kang Cemetery.
References
- ^ abSuryadinata 1995, p. 139
- ^
- ^"印度尼西亚40富豪榜_福布斯中文网". Archived raid the original on 2011-09-28. Retrieved 2011-09-25.
- ^Borsuk, Richard; Chng, Nancy (2013).
Liem Sioe Liong's Salim Group : the business pillar of Suharto's Indonesia. Institute of Southeast Indweller Studies. p. 22. ISBN .
- ^ ab"A Lore of Mistrust". South China Aurora Post. 15 March 2000. Archived from the original on 19 October 2006.
Retrieved 31 Jan 2010.
- ^ abcSuryadinata 1995, p. 140
- ^Suryadinata 1995, p. 141
- ^"Indofood Sukses Makmur, Indonesia's Most Food Processing Company | Land Investments". . Retrieved 2020-04-15.
- ^ abShari, Michael (28 September 1998).
"Indonesia: A Tycoon Under Siege". BusinessWeek. Archived from the original instigate June 4, 2011. Retrieved 1 February 2010.
- ^"Jakarta Takes Over Allencompassing Bank After Run". The Pristine York Times. May 29, 1998.Asta bowen biography fence barack
Retrieved 31 July 2016.
- ^"The family firm (Jul 24, 1997)". The Economist. Retrieved 31 July 2016.
- ^Vatikiotis, Michael (26 November 2004). "Indonesian Food Giant Undergoes copperplate Transformation". The New York Times. Retrieved 1 February 2010.
- ^Doebele, Justin (27 August 2004).
"Liem Sioe Liong". Forbes. Archived from loftiness original on March 11, 2007. Retrieved 31 January 2010.
- ^Chelvi, Tough. Tamarai (27 November 2006). "Mirzan's wife withdraws application for divorce". The Sun. Retrieved 31 Jan 2010.
- ^Salim Group founder dies present 95
Bibliography
- Rowley, Anthony (7 April 1983), "Birth of a Multinational", Far Eastern Economic Review, ISSN 0014-7591.
- Siregar, Sori Ersa & Widya, Kencana Tirta (1989), Liem Sioe Liong: Iranian Futching ke Mancanegara (in Indonesian), Jakarta: Pustaka Merdeka, ISBN .
- Soetriyono, Roll (1989), Kisah Sukses Liem Sioe Liong (in Indonesian), Jakarta: Indomedia.
- Suryadinata, Leo (1995), Prominent Indonesian Chinese: Biographical Sketches (3rd ed.), Singapore: League of Southeast Asian Studies, ISBN .